Your solar energy solution

Providing landlords with a pathway to Net Zero

Overview

Atrato Onsite Energy works with landlords to future-proof their buildings, providing a highly visible environmental initiative to quantify and report.

We provide a complete solution: bespoke design, ethically procured solar panels, planning & consents, installation & maintenance . 

We offer a fully funded model using power purchase agreements (PPAs) with zero capex to landlords. 

Benefits

01

EPC rating

Immediately improves your building’s EPC rating and offers a material reduction in your carbon footprint with real time data that you can both quantify and report. 

02

Net-Zero agenda

Atrato Onsite Energy provides an immediate key Net Zero initiative for your company – providing onsite, fully traceable renewable energy for your tenants.  

03

Economic savings

Our PPA rates lock in a low cost of electricity for the long term and offer a material saving versus buying electricity from the grid. 

04

Solar panel ethics

As part of Atrato Onsite Energy’s sustainability practices, our panels are procured via an ethical procurement policy. 

*Please refer to our panel procurement policy for further details.

The Atrato Onsite Energy Process

Our highly experienced renewable energy team offers a comprehensive design, installation and maintenance service. Atrato Onsite Energy’s offering is fully funded by us and requires zero capex investment from our client. 

The process begins with a technical assessment to evaluate your energy usage, the irradiation at the site and the suitability of the building (where applicable). We then design a fully bespoke solar array and handle all planning permissions and grid connection applications. 

A power purchase agreement (PPA) and a sub-lease for the space are drawn up and executed with your tenant. Our solar PV systems are ethically sourced via our module procurement policy, and we work with local contractors that meet our robust health and safety standards. Atrato Onsite Energy is responsible for the operations and maintenance of the system over the lifetime of the PPA and will manage any surplus energy generation, often supplying it back to the grid.​ 

Casestudy

Vale of Mowbray

Atrato Onsite Energy installed a 1MW rooftop solar PV project to energise Vale of Mowbray’s main food production facilities. 

Vale of Mowbray has been in operation for over 200 years. It employs over 250 people and supplies some of the biggest names in UK grocery, including Morrisons, Iceland, Tesco and Nisa. 

Atrato Onsite Energy paid for the entire cost of the project with no capex contribution required from Vale of Mowbray. The newly installed PV system provides the company with long-term fixed price electricity at a significant discount to the price the company was previously paying its utility company. Vale of Mowbray expect to save £45,000 per annum on its energy bills under our new power purchase agreement (PPA). 

This PV system covers a rooftop of circa 5,000 sq. m (54,000 sq. ft) and includes 2,500 solar panels and 8 inverters. The green energy generation from our PV system is expected to reduce Vale of Mowbray’s reported greenhouse gas emissions by 200,000kg of carbon dioxide equivalent per annum.

Our rooftop PV system provides a very visible demonstration of Vale of Mowbray’s commitment to sustainability. The green energy generated is fully traceable, measurable and reportable, giving Vale of Mowbray materially improved carbon credentials. 

Atrato Onsite Energy is responsible for the operations and maintenance of the system over the full 20-year term of the PPA, giving our client peace of mind that the technology will be maintained for efficient operation. 

Thursday 6th February 2025

Atrato Onsite Energy plc

(in Members’ Voluntary Liquidation)

(“the Company”)

 

Notice to Shareholders

Further to the appointment of Richard Barker and Derek Hyslop as Joint Liquidators of the Company on 13 December 2024 and in accordance with the circular issued to shareholders on 27 November 2024 (“the Circular”).

 

The Joint Liquidators confirm that a First Distribution at a rate of £0.775 per Ordinary Share will be paid on 6 February 2025. Shareholders will receive their distribution by CREST or cheque and those cheques will be issued by the Company’s Registrar (Link Asset Services) to the address on the share register as at the Record Date.

Please note that this distribution could have tax consequences which may need to be reflected in your tax return.  If a Shareholder is in any doubt as to their individual tax position, it is recommended that they seek advice from an independent professional advisor.

A second and final distribution is expected to be paid to shareholders prior to the conclusion of the liquidation. Once the Liquidators have concluded the Company’s residual affairs, which includes novation of parental guarantees provided by the Company in relation to its former subsidiary investments, the tax affairs of the Company, satisfaction of claims of creditors of the Company and paid the costs and expenses of the liquidation, it is expected the Liquidators will make a final distribution to Shareholders of the residual cash in the liquidation estate. The final distribution, if any, will be paid at a time to be determined by the Liquidators but is envisaged to be in the region of nine months after the commencement of the liquidation.

A further update will be provided on the website once the timing of the final distribution is known.  In the meantime, if shareholders have any questions in relation to the liquidation they should contact the Liquidators.

Following the commencement of the members’ voluntary liquidation, shareholders are no longer able to trade in the Company’s shares on the London Stock Exchange. The Company will not publish any further regulatory information service announcements and will not produce further financial statements (other than those prepared by the Joint Liquidators and communicated to shareholders under the relevant provisions of the Insolvency Act 1986).

Jay Bhatt

jay.bhatt2@uk.ey.com

+44 20 7951 5251

Shareholders with questions, including regarding the receipt of their entitlements in respect of the first distributions, should contact the Company’s Registrar, MUFG Corporate markets, using the details below.

shareholderenquiries@cm.mpms.mufg.com

0371 664 0300

Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. The MUFG Corporate markets helpline is open between 9 am – 5.30 pm, Monday to Friday excluding public holidays in England and Wales.  Please note that MUFG Corporate Markets cannot provide any financial, legal or tax advice and calls may be recorded and monitored for security and training purposes

 

Friday 31st January 2025

Atrato Onsite Energy plc

(in Members’ Voluntary Liquidation)

(“the Company”)

Notice to Shareholders

Further to the approval of a special resolutions by a general meeting of the Company held on 13 December 2024, the Company was placed into Members’ Voluntary Liquidation, and Richard Barker and Derek Hyslop of Ernst & Young LLP were appointed as Joint Liquidators.

As stated in the circular issued to shareholders on 27 November 2024, it is anticipated that the Liquidators will be in a position to make an initial distribution of substantially all of the net assets of the Company in early February 2025 (the “Initial Distribution”). This timeline is to allow (a) the Liquidators to comply with their obligation to give all actual and/or contingent creditors of the Company notice of the liquidation and the requirement to submit claims to the Liquidators by a last proving date, which must be a minimum period of 21 days from the date of the notice; and (b) the Liquidators to adjudicate and pay (if accepted) and/or reserve sufficient funds to pay any claims received. It is estimated that the value of the Initial Distribution will be no less than 77.0  pence per Ordinary Share.

The Liquidators will retain the balance of funds in the liquidation estate and once the Liquidators have satisfied all the claims of creditors of the Company and paid the costs and expenses of the liquidation, and the Company’s tax affairs have been finalised, it is expected the Liquidators will make a final distribution to Shareholders of any residual cash in the liquidation estate. The final distribution, if any, will be paid at a time to be determined solely by the Liquidators but is envisaged to be in the region of nine months after the entry into members’ voluntary liquidation.

All Shareholders on the Register of Members as at 6.00 p.m. on 12 December 2024, being the Record Date, will be entitled to any distributions made during the course of the liquidation.

Following the commencement of the members’ voluntary liquidation, shareholders are no longer able to trade in the Company’s shares on the London Stock Exchange. The Company will not publish any further regulatory information service announcements and will not produce further financial statements (other than those prepared by the Joint Liquidators and communicated to shareholders under the relevant provisions of the Insolvency Act 1986).

A further update will be provided on the website at the time of the first distribution to shareholders.  In the meantime, if shareholders have any questions in relation to the liquidation they should contact the Liquidators.

Jay Bhatt

jay.bhatt2@uk.ey.com